KAEFER signs loan agreement of “Kreditanstalt für Wiederaufbau (KfW)”
Oct 1, 2020
Together with members of the existing syndicated loan consortium, KAEFER Isoliertechnik GmbH & Co. KG has signed a contract for a new €45 million facility provided by KfW under one of its coronavirus aid programmes. With a maturity of two years, the financing bolsters liquidity as a precautionary measure in case of upcoming unforeseen developments in connection with COVID-19. “While we have shown strong resilience in the face of the current pandemic, the new financing gives us additional headroom in times of uncertainty”, said Steen E. Hansen, Co-CEO of KAEFER.
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